OUR IDEOLOGY IS EFFECTIVE BBC COOPERATIONhttps://cdn-images-1.medium.com/max/1600/0*Jezo3FP9-O6UBxZN.jpgBGX has always aimed at developing the best processing platform there is. That means overcoming the common problems plaguing the blockchains: low scalability, high transaction costs, hidden centralization. Moreover, it means that we have to be integrative, allowing easy access to our system for businesses and consumers alike.
That hasnt changed. We are building an innovative decentralized platform consisting of 9000+ independently held nodes that conduct processing in clusters, through the Federative Byzantine Agreement based consensus (that well call proof-of-loyalty). Without getting too technical, we are abandoning the useless work in forming blocks and directing the economic incentive towards the competition between businesses holding the nodes.
What has changed is our model.
The model we are building is what were calling BBC: Business Business Consumer (as opposed to B2B or B2C or P2P). We know it could be confused with a certain famous broadcasting network, but hear us out
BBC means that while keeping the end consumer in mind, the core of our benefit is from business business synergy.
One business processes the transactions these are large corporations with a user base that they can earn from, if they would only have some additional value added services to sell.
The second business is the provider of the content that is being sold seeking access to users and a payment infrastructure.
BGX is the one developing an infrastructure where each business can plug in within less than a week and start earning in a cost-effective decentralized way.
This synergy is greater when the businesses are in unrelated industries and thats where we can bring the most value. See our Cases.
And oh. Yeah. Our market got much, MUCH bigger.
